Frigilunch NV
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Frigilunch NV - overview
Established
1970
Location
Veurne, -, Belgium
Primary Industry
Food
About
Frigilunch NV, based in Belgium, specializes in the production of ready-to-eat meals, serving a wide range of clients within the food industry, including distributors and hospitality providers. Founded in 1970 and headquartered in Veurne, Belgium, Frigilunch NV produces a variety of ready-to-eat meals aimed at both domestic and international markets. In December 2016, the company was acquired by Marfo Food Group B. V.
from Dovesco. The founder's detailed history is not available, but the company has undergone no significant pivots in strategy since its inception. It has completed two deals to date, with the most recent deal occurring in 2016. Frigilunch specializes in the production of ready-to-eat meals, catering to a diverse customer base that includes large distributors, home service providers, the hospitality industry, and communal dining facilities both domestically and internationally.
The company is recognized for its commitment to quality and food safety, which underpins its operations in Veurne, where thousands of meals are meticulously prepared each day. With over 50 years of industry experience, Frigilunch has consistently elevated its product development, creativity, and service quality. Its product offerings are designed to address the growing demand for convenient and nutritious meal solutions, serving both individual consumers and institutional clients across various geographic markets, including Europe and beyond. Frigilunch's revenue model is driven by partnerships and direct sales, primarily targeting B2B clients such as retailers and foodservice operators.
The company reported a revenue of EUR 30,473,180. 20 in 2023, with an EBITDA of EUR 2,527,146. 10 for the same year. These transactions are structured to accommodate the specific needs of clients, ensuring robust supply chain efficiency.
While exact pricing details for individual products are not disclosed, Frigilunch's flagship offerings are tailored to meet the demands of its diverse clientele, enabling the company to maintain competitive pricing strategies while delivering high-quality meals. Frigilunch NV aims to continue expanding its product line by designing new meal options targeted at health-conscious consumers, with plans to launch these products in late 2024. The company is also exploring opportunities to enter additional markets in Europe and the Middle East by 2025. The acquisition by Marfo Food Group B.
V. in December 2016 is expected to support these initiatives and enhance Frigilunch's operational capabilities, leveraging Marfo's broader distribution network to drive growth.
Primary Industry
Food
Sub Industries
Other Food Products
Website
www.frigilunch.be
Verticals
Manufacturing
Company Stage
Acquired
Total Amount Raised
Subscriber access only
Frigilunch NV - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Frigilunch NV | - | ||||||||
| Buyout | Completed | Frigilunch NV | - |
Displaying 1 - 2 of 2

Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.